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Immediate Income Annuity

New York Life Guaranteed
Lifetime Income Annuity II1

Steady retirement income you can never outlive.

If you’re fast approaching retirement or already there, you know firsthand how important guarantees are. More guaranteed income can be your means to a more fulfilling retirement.

With one lump sum premium, you can turn a portion of your retirement savings into a lifetime of guaranteed income payments with the New York Life Guaranteed Lifetime Income Annuity II. These payments, which are fixed and won’t fluctuate with the ups and downs of the market, can help you achieve your retirement goals – whatever they may be.

Your policy is designed around you, so you can tailor your payout option and other features to meet your unique retirement needs, including the opportunity for leaving a legacy.

See current payout rates below.

Rate effective as of [DATE]2
Issue Age
Current Annual Payout Rates

1. The New York Life Guaranteed Lifetime Income Annuity II is issued by New York Life Insurance and Annuity Corporation (NYLIAC), a Delaware corporation, a wholly owned subsidiary of New York Life Insurance Company, 51 Madison Avenue, New York, NY 10010. Products available in jurisdictions where approved. Guarantees are based on the claims-paying ability of the issuer.

2. Payout rates include interest, return of premium, and mortality credits. Payout rates are not interest rates.  Based on Cash Refund payout option, male annuitant with $100,000 premium. Payout amounts for female applicants, who have longer life expectancies, are lower. In the state of MT, payout amounts do not differentiate male and female life expectancies. Payouts are subject to change and will vary dependent upon age, gender, payout option, and premium amount, and interest in effect at time of policy issue. Payout rates include interest and return of principal. Payout rates are not an interest rate.

For most jurisdictions,the policy form number for the Guaranteed Lifetime Income Annuity II is ICC11-P103 (it may be 211-P103). State variations may apply.

Available in jurisdictions where approved.

  • Not FDIC/NCUA insured
  • Not a Deposit
  • May Lose Value
  • No Bank Guarantee
  • Not Insured by Any Government Agency